This year marks the 90th anniversary of ‘votes for women’. Society has come a long way during this time in terms of women’s rights, however financial inequality is still one of our greatest social challenges. Research suggests the typical pension pot for a man currently aged between 25 and 34 will eventually be worth £142,836 at the State Pension age of 68. This is compared to £126,784 for women. It means that the pension pot for the average woman could still be as much 10% smaller than for her male counterpart.
The financial power of women
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This 566 word blog post looks at some of the findings of the Fidelity International report ‘The Financial Power of Women’ and suggests women save a little bit more towards retirement from very early in their careers, to overcome existing financial challenges. Written on 12th July 2018.
